Detailed text transcripts for TV channel - MSNBC - 20130913:15:24:00
Valuation. twitter is a smaller company with a much lower valuation. you said its valuation was $10 billion. that was roughly the valuation at its last round of funding. on the secondary market there are some shares that are trading. it's valued closer to $15 billion. so investors are really hoping that that valuation does not get inflated. we expect twitter to issue many fewer shares than facebook, but also just remember it's a much smaller company. >> all right. so twitter, though, keeping quiet about how many shares it will offer. is there talk about how much they will actually cost, and wh...
Source: news source